A Winning Streak! Run Of Muni Inflows Extends Into Second Week

By Michael Aneiro

Don’t look now, but munis are on a winning streak. Determined to put last year’s 33-week streak of investor withdrawals firmly behind them, muni mutual funds and ETFs just extended their current winning streak to — two weeks!

Hey, it’s a start. And lest you think last week’s $103 million net inflow seemed meager, I’ll have you know that this week’s inflow is even more meager. Funds reported just $86 million in net inflows in the latest week, per Lipper data, a far cry from the $1.4 billion average weekly outflow seen during December.

Amey Stone is Barron’s Income Investing blogger and Current Yield columnist. She was formerly a managing editor at CBS MoneyWatch, MSN Money and AOL DailyFinance. Her responsibilities included overseeing market coverage and personal finance topics. Prior to those roles, she was a senior writer at BusinessWeek where she authored the Street Wise column online and contributed to the magazine’s Inside Wall Street column. Topics covered included economics, corporate finance, Fed policy, municipal bonds, mutual funds and dividend investing. She co-authored King of Capital, a biography of Citigroup Chairman Sandy Weill. She is a graduate of Yale University and Columbia University’s Graduate School of Journalism.